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The National (Scotland)
The National (Scotland)
National
Adam Robertson

Food prices could increase by 10 per cent this year, warns M&S chief

Archie Norman Inflation United Kingdom
Food prices have already risen across the UK

FOOD prices could soar by as much as 10% this year, the chairman of Marks & Spencer (M&S) has warned.

This comes just a day after Andrew Bailey, governor of the Bank of England, warned that households could suffer from an “apocalyptic” shock from rising food prices.

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